Ibeatmykids (97.71)

A bad Idea to Buy Banks for the Long Term

May 10, 2009 – Comments (1) | RELATED TICKERS: ROC

I am sure I am not the only one that predicts that we will see a significant amount of inflation in our future.  When this happens the loans that actually did not go bad for the banks will now be bringing in far less profit than what was expected when they initially issued the loans.  Of course this is all relative.  If you really want to maximise your return then this would not be the way to go because the banks will be behind the curve with such a rapid uptick of inflation.

 Another route to consider is commodities such as oil, gas, metals and other resources as their values are based directly off of the dollar.

One stock that I plan on making me huge gains is (ROC) Rockwood Holdings.  They are the only miner of producer in the US.  Along with going with my commodity approach as well as the speculative increase of lithium being used all across the world for cars and to store green energy in our powergrids, this stock could ride a perfect storm to incredible profits.